Mr. LOUCHERasked the Chancellor of the Exchequer whether he can give figures showing the external debt of Great Britain at the end of June last, distinguishing the various creditor countries, and also returns up to the same period showing the total original amounts lent to each foreign country, including our Dominions, and the total amounts repaid in reduction of loan and interest to the end of June last?
§ Mr. CHURCHILLThe figures are as follow:
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External Debt of Great Britain as at 30th June, 1925. United States of America: $ £ Government Loan 4,554,000,000 935,753,425 5½% Ten year bonds1929 35,220,900 7,237,17 5½% Twenty year bonds, 1937 143,587,000 29,504,178 6% Central Argentine Railway company,1927 15,000,000 3,082,192 Straits Settlements: ½% Loan, 1928 … 3,341,000 % Loan, 1929 … 4,315,000 Loans from Allied Governments: France … 53,500,000 Russia … 60,000,000 Italy … 22,200,000 American Anglo-French Loan … 2,846 Total … £1,118,935,812
DEBTS TO GREAT BRITAIN AT 30TH JUNE, 1925. — Original Advances. Principal Repaid in cash. Interest Paid in cash. Debt at 30th June, 1925. Dominions and Colonies— £ £ £ £ Canada 178,846,000 — 7,355,000 —∗ Now Zealand 29,090,000 1,106,000 12,123,000 28,516,000 Australia cash Department Interest 50,000,000 10,939,000 29,354,000 88,097,000 43,398,000 3,934,000 South Africa 16,175,000 3,067,000 6,866,000 11,884,000† Other Dominions and Colonies 5,777,000 2,770,000 1,110,000 1,140,000‡ Allied Governments— Prance 446,266,000 — — 626,182,000 Russia 483,321,000 — — 756,705,000 Italy 369,824,000 — — 589,530,000 Serb Croate-Slovene Kingdom 22,383,000 — — 29,905,000 Roumania 16,401,000 — — 26,124,000 Portugal 15,611,000 600,000 499,000 22,678,000 Greece 16,391,000 — 276,000 21,237,000 Belgium (Post Armistice)§ 6,799,000 6,799,000 — — Loans for Relief— Austria 11,578,000 2,250,000 32,000 11,341,000 Ruumania 1,892,000 — 315,000 2,200,000 Serb Croate-Slovene Kingdom 1,884,000 — — 2,388,000 Poland 3,682,000 — 9,000 4,770,000 Czechoslovakia 461,000 — 116,000 474,000 Esthonia 241,000 — 64,006 251,000 Hungary 109,000 — 28,000 109,000 Armenia 88,000 — — 111,000 Lithuania 17,000 17,000 4,000 — Latvia 20,000 20,000 4,000 — Loans for reconstruction— Belgium 9,000,000 — 2,150,000 9,000,000 Belgian Congo 3,550,000 — 1,244,000 3,550,000 Other Loans—Stores, etc.— France 6,726,000 2,226,000 — 4,500,000 Greece 395,000 — — 395,000 Armenia 747,000 — — 908,000 Czechoslovakia (Wheat Loan) 1,901,000 1,901,000 206,000 — Baltic States 2,435,200 — — 2,435,200 Repatriation of Prisoners— Czechoslovakia 827,000 — — 827,000 Poland 168,000 — — 168,000 Roumania 138,000 — — 138,000 Serb-Croate-Slovene Kingdom 187,000 — — 187,000 Latvia 130,000 — — 130,000 ✶Debt cancelled by Set-off, † £1,142,000 cancelled by Set-off. ‡ £1,954,000 advanced to B.S.A. Co. abandoned. ∗ Pre-Armistice debt has been taken over by Germany—see Article 232 of Treaty of Versailles and Article 4 of Agreement of 14th January, 1925. || Repaid in connection with the issue of the League of Nations Reconstruction Loan.